Flex Plans. If a Flex Plan is terminated, any refund or credit due to You will be equal to the sum of the entries in Columns A and B for your meal plan that coincides with the date of the termination as indicated on the Flex Plan Termination Table. The 2022 Fall Semester Flex Plan Termination Table is attached. The amounts to be refunded take into account amortization of the Meals and Dining Points available under your Meal Plan and an administrative fee that is amortized over eight weeks of your Meal Plan beginning September 3, 2022.
Flex Plans. 29.1 During open enrollment, the District shall offer a program that allows all employees to have a tax advantage in their medical contributions, provided they are eligible for medical insurance coverage, and any other insurance premiums that are eligible for tax advantages through payroll deduction. In addition, the District will allow eligible employees to participate in the District - sponsored Flexible Spending Account program, which includes the following salary reduction options: pre-tax dependent care spending account and pretax health care spending account, at no cost to the employee, to the extent permitted by law.
Flex Plans. The Seller shall cause the sponsor of the Code Section 125 flexible benefits program ("Seller FSA") to allow the CPLC Employees who participate in such program prior to the Closing to continue to submit claims under the Seller FSA for expenses incurred through December 31, 1998 in an amount not to exceed the funded positive balance in such CPLC Employees' accounts in the Seller FSA as of the Closing Date.
Flex Plans. The term "Flex Plans" shall have the meaning set forth in Section 11.7.
Flex Plans. Effective as of the Closing Date, Transferees will establish a Code Section 125 flexible benefits program ("Transferees' FSA") providing benefits that are the same as those available under the JPS Textile Group, Inc. Flexible Benefits Program ("Transferors' FSA"). Effective as of the Closing Date, Transferees shall assume all obligations to pay all unpaid claims of the Employees and Covered Employees participating in Transferors' FSA as of the Closing Date. Each Employee and Covered Employee shall be credited as of the Closing Date under Transferees' FSA with the remaining amounts available for reimbursement for each elected benefit equal to such remaining amounts as were credited under Transferors' FSA with respect to such person immediately prior to the Closing Date. The Transferees shall give effect under Transferees' FSA to calendar year 1995 salary reduction elections made by Transferred Employees with respect to Transferors' FSA and no new benefit elections for 1995 will be allowed to the Transferred Employees except as otherwise provided by Transferees' FSA in the event of a change in family status. The Closing Statement shall reflect, (i) as a credit to the Transferors, the excess, if any, of (A) the aggregate claims paid under Transferors' FSA to Employees and Covered Employees from January 1, 1995 through the Closing Date over (B) the aggregate amount of payroll withholding related to Transferors' FSA with respect to such persons during such
Flex Plans. Effective as of the Closing, Buyer will establish or provide a Code Section 125 flexible benefits program ("Buyer's FSA") providing benefits that are the same as those available under the Xxxxx River Flexible Benefits Program ("Seller's FSA"). Effective as of the Closing, Buyer shall assume all obligations to pay all unpaid claim of the Transferred Employees participating in Seller's FSA as of the Closing. Each Transferred Employee shall be credited as of the Closing Date under Buyer's FSA with the remaining amounts available for reimbursement for each elected benefit equal to such remaining amounts as were credited under Seller's FSA with respect to such person immediately prior to the Closing. Buyer shall give effect under Buyer's FSA to calendar year 1996 salary reduction elections made by Transferred Employees with respect to Seller's FSA and no new benefit elections for 1996 will be allowed to the Transferred Employees except as otherwise provided by Buyer's FSA in the event of a change in family status.
